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Author Question: Micah signed a check in the lower right-hand corner and Andrew signed on the back. The presumption ... (Read 38 times)

debasdf

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on: Jun 24, 2018
Micah signed a check in the lower right-hand corner and Andrew signed on the back. The presumption is that
 A)Micah is the issuer.
 B)Micah is the acceptor.
 C)Andrew is the drawer.
 D)Andrew is the maker and Micah is an indorser.

Question 2

According to Incoterms, the risk of loss or damage to goods under a CIF contract passes from seller to buyer when:
 A) the goods cross the ship's rail at the port of shipment.
 B) the goods are unloaded at the port of destination.
 C) title to the goods passes to the seller.
 D) the goods leave the seller's place of business.


TINA

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

A


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